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How does experience come?

GraceGilm
Nov 18 2021 at 15:32
154 Posts
experience comes from your mistakes and all decisions made, and from solving all problems, which means that everything comes with time
Midday Forex (cgasucks)
Nov 18 2021 at 18:33
73 Posts
As in all things in life, experience comes from learning from your successes and from others, but more importantly, learning from your mistakes and from others so you won't repeat them again. That's how we all learn and evolve.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Tuxedo888
Nov 20 2021 at 21:15
66 Posts
As i am based in the Uk Timing plays a major part on the pair i trade, i trade XAUUSD from 1pm UK time when the US market opens on C-trader.

I find the best hours for my trading are from 1pm UK - 4pm UK. possibly 12.30-4.30 pm

It sounds short hours but i do watch the UK open ,and the prep ( check the daily economic calendar) check whats going on in the world news + Bloomberg
and Newsquawk.


 
davemack
Nov 24 2021 at 11:34
78 Posts
Experience comes to forex traders by practising and learning the best method to use for themselves. It is important to remember that there are no shortcuts or quick ways to make lots of money in forex trading. There are always trading risks involved in forex trading, but if you start by doing research and learning about the forex market, it can help put you at an advantage over other beginners.
skihav
Nov 24 2021 at 14:19
801 Posts
A very good way to gain experience is to work on a demo account. This option allows you to earn enough experience.
ceceliagreer
Nov 30 2021 at 06:09
23 Posts
Trading experience comes with time. And most importantly, when you learn from your mistakes.
Tuxedo888
Dec 01 2021 at 20:45
66 Posts
skihav You are right,

The only way to learn to trade is on a sim.

LukeRachel
Dec 05 2021 at 08:01
477 Posts
ceceliagreer posted:
Trading experience comes with time. And most importantly, when you learn from your mistakes.
Good argument, for example- I made a trade, that trade is a loss, if I look for the cause of that loss, I can become a professional trader. And I have to learn from that loss.
croisssan
Dec 05 2021 at 13:55
939 Posts
Experience comes only with time and as a result of certain actions. It should be understood that the experience will never appear just like that.
miguelcaron
Dec 09 2021 at 05:41
70 Posts
Experience comes with time, and it is the only way we gain knowledge. Traders who have spent their time on the markets have already accumulated enough experience to know what is good for them and what isn't. After gaining experience; you will be able to know what works for you and what doesn’t, and trade the way that is best for you.
LucianVince
Dec 13 2021 at 05:27
34 Posts
Experience comes when you apply the lessons you learn from your trades. Traders who grow always backtest their strategies and keep a progressive learning attitude. The best way is to maintain a trading journal. This will help traders to identify where they are lacking and have a better understanding of their trading approach and gain experience as a trader.
kroxobor
Jan 07 at 04:12
34 Posts
Experience comes with patience, constant learning, implementing your knowledge and enduring through the hardships of trading.
ddarko3
Jan 10 at 10:51
70 Posts
When you trade for a while, you will realize your mistakes, learning, knowledge, understanding...these are what make an experience. These allows you to grow and develop.
Nuadahuginn
Jan 11 at 20:25
22 Posts
Experience comes only due to your hardworking and there are no other things which can bring you this experience. Of course, you may work hard and receive bad experience, but remember that it's also an experience which will be trsnformed into something positive in future. If you want to ask when it happen, then I answer you that everything depends on you. The more durable you are, the more chances to make it closer to you you have. All traders face difficulties and they suppose that bad experience should be the end of their career. However, it's not like that. The more you try, the more impact from your tryings you will get I bet.
SofieAndreasen
Feb 06 at 02:03
759 Posts
Trading is so easy that new traders may not be aware that a very steep learning curve is involved. Success is difficult and requires a lot of time and effort.
croisssan
Feb 06 at 11:29
939 Posts
Experience is the result of working in this niche. Do not think that experience will come quickly and you will immediately earn good money. Sometimes this takes a lot of time.
Superfluous
Mar 21 at 06:46
38 Posts
Experience is not something that can be acquired, but is rather something that is earned with passage of time. A journey full of victories and losses, traders need to understand that it is essential to keep working, updating your trading style and methodologies in accordance with the dominant trends in the market to last long in the field and earn maximum profits.
billysnyder
Mar 21 at 07:31
97 Posts
The results make you experienced. Good results teach you how to do it and the bad ones teach you how not to do it.
Commonition
Mar 31 at 06:03
23 Posts
Experience comes from trading.Though you may have acquired necessary skills and knowledge ,You can earn money only by real time trading.If you are worried about losing money,start practising with a free demo account.Get more exposure and then invest your real money.
Jiffyy
Apr 04 at 06:09
26 Posts
Time is the best teacher. With time, you learn, trade, make mistakes, learn again, improve, trade again, and the process continues. Experience comes with the time you spend in the market.
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